Global Breast Imaging Technologies Market to Exhibit 12% CAGR during 2013-2019 due to Improved Technologies with Reduced Radiation Exposure Date: 02-24-2017 05:02 PM CET Category: Health & Medicine Press release from: Transparency Market Research - Medical Devices
According to a recent market research report published by Transparency Market Research, the global breast imaging technologies market is estimated to expand robustly at a CAGR of 12.0% during the period between 2013 and 2019. The report, titled “Breast Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,� projects the global breast imaging technologies market to be worth US$4.06 bn by 2019. The overall market stood at a valuation of US$1.84 bn in 2012. Browse the full Breast Imaging Market (Mammography, Breast MRI, Breast Ultrasound, Tomosynthesis, Nuclear Imaging and Others Breast Thermography & Bioelectric Imaging) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 report at www.transparencymarketresearch.com/breast-imaging-technol... Breast cancer refers to a malignant tumor that starts in the cells of breast. The malignant tumor starts invading surrounding tissues or spreads to distant areas of body. While breast cancer is common among women, men can also get affected. When diagnosed early, the survival chances of patients are high. The treatment methods such as chemotherapy, radiation, and surgery to be administered depend on the stage of cancer. The report points out that the growing prevalence of breast cancer and aging demographics have boosted the growth of the global breast imaging technologies market. A number of initiatives taken by governments and private organizations to spread awareness about breast cancer have also augmented the market growth. However, stringent regulatory approval procedures and the lack of reimbursement coverage will play spoilsport in the growth of the market during the forecast horizon. Lack of awareness about breast cancer, especially across the developing economies will also hamper the market growth. The overall market has a huge opportunity to grow with the development of improved technologies with reduced radiation exposure. The report further analyzes the impact of Porter’s five forces on the growth of the market during the forecast period, On the basis of technology, the report segments the global breast imaging technologies market into tomosynthesis, breast
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